Thursday, July 14, 2011

Stock Recommendation for tomorrow 15 July

Hot Stocks to Buy Tomorrow

State Bank of India(Hold)
Medium-term trend for the stock is still down. The stock has been trading below its monthly supports. It offers resistance at 2500 levels and support at 2350 levels.

Suzlon Energy Ltd(Hold )
The stock is seen in a long-term consolidation trend. It offers support at 43 levels and resistance at 55 levels. Exit the stock when it reaches 75 levels.


ITC Ltd(Hold)
This is one of the best performing stock in the sector. Valuation for the company are a little bit higher. It has advantage due to its diverse product portfolio. Buy when the stock dips to 180 -185 levels and accumulate the stock.

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